Bitcoin will not be able to stay above $35k for 10 consecutive days ever again

[adaseb]

There were massive amounts of tether prints in the last few days so you need to ask yourself this. Why is there so much capital going into crypto if there is about to be a bear market?

I don't think people are printing tether, then using that tether as collateral to short btc or other cryptos. There are easier ways to accomplish this such as with bitcoin future. Right now its hard to tell where its going to go.

I think it will go higher but might not be until it maybe retests the $30K low, and it will be interesting whether that low holds or not. If it doesn't then bitcoin will have a hard time making ATH anytime soon. However it might be a repeat of 2013 where we peaked in April and then again in November. And when we broke Aprils high of $250 we went to $1100.

[philipma1957]

This is too easy

Proudhon is the one to follow.

if you look on binance.us

we were at 34185.60 at

may 31 00:30:00

may 31 03:00:00 we got past 35015

https://www.binance.us/en/trade/BTC_USD?type=exchange

and we went up steady since then

So it is now

may 31 20:30:00 and we are up to 37,813

so he has called the turning point in reverse almost perfectly. 1 day in advance.

Let us see if this holds the pocket to the headpin and gives us a 10 day strike.

[lixer]

Basically do what the opposite of proudhon says and you are golden. That is exactly what he is doing as well, it is not like it is a secret, he is trolling people at this point as we all know and if he says "it will not be 35k for 10 days straight" that is not what he means, that is what the type of people he mocks, there are tons of people out there who believes in this type of crap and that is the funny stuff is, we are talking about people who would be basically thinking bitcoin will go down so much that it will not even come back.

We need to fix those things and the only way to do that is by mocking them, but the sad part is that some of them do not even understand that they are being mocked. This is why we need to write it. Proudhon is basically a bitcoin bull at this point, or simply trolling, bitcoin will obviously stay above 35k for 10+ days eventually, that is not even a question.

[Timelord2067]

On the way up to it's recent ATH and now on it's way down to who knows where?  I've seen a number of threads say it will break through and it won't crash through any given price range.  At the moment serious investors are coming into the market and they really don't know what they should be doing with bitcoin - they buy moderately high and sell on the downward spiral.

What bitcoin needs is stability through wider usage which I feel will stabilise the price.  It may not be above $30,000 but, the price will stay in a moderatly tight band of one or to thousand dollars.  (but as I said only with wider usage which it doesn't have as yet)

[proudhon]

Get ready to reset the clock.

[proudhon]

[FatFork]

<snip>

Don't get carried away. Nothing is happening.
The whole thing is nothing more than Musk's wet dream. It's nothing to worry about.

[zanezane]

Don't get carried away.
This is just Musk's wet dream. It's nothing to worry about.

That's right, with you selling and making the prices go down even more, you are only making the FUD become a real deal. You people panicking will only make @proudhon happy because he/she will buy bitcoin at a lower price in your expense.

[Woodie]

The signature seems not to agree,which is very contradictory btw but what are you basing your theory on that price won't come down to this again???

I want to agree with you but the power lies  in both sellers and buyers,  if market pressure is coming from sellers expect a bullish trend and the opposite happens if market has more buyers than sellers.

[proudhon]

This is holding up nicely. Reset your clocks again. 10 days above $35k is just never gonna happen.

[virasog]

This is holding up nicely. Reset your clocks again. 10 days above $35k is just never gonna happen.

You said this on 30th May so technically there are still three days left and bitcoin has to go below 35,000$ within the next 3 days and stay below there.
When you say

not be able to stay above $35k for 10 consecutive days ever again

, this means you are predicting that once bitcoin fall below 35,000$ it will never recover  

[proudhon]

This is holding up nicely. Reset your clocks again. 10 days above $35k is just never gonna happen.

You said this on 30th May so technically there are still three days left and bitcoin has to go below 35,000$ within the next 3 days and stay below there.
When you say

not be able to stay above $35k for 10 consecutive days ever again

, this means you are predicting that once bitcoin fall below 35,000$ it will never recover  

I'm talking about consequtive days. One after another where each day is above $35k. Within the last 24 hours the price was not above $35k. So now we counting from 0 again. It has to be above $35k every day for 10 days in a row. It will never happen again. Yes, I'm predicting it will never recover to being over $35k for 10 days in a row, because I know for certain it won't.

[Stalker22]

/cut/
I'm predicting it will never recover to being over $35k for 10 days in a row, because I know for certain it won't.

Would you like to put some Bitcoin on your words? Or are you chicken?

[Ararbermas]

<snip>

Don't get carried away. Nothing is happening.
The whole thing is nothing more than Musk's wet dream. It's nothing to worry about.

correct they making jokes in bitcoin because its been weeks or two and still very stagnant above 30k. In the first place how is tha possible to happen since market now is very quite and there's no panic selling already? Lol for sure bitcoin now is waiting for a good news instead of another bad news before it makes good improvements in my view wherein it will rocketed for sure.

[proudhon]

Here we are dipping below $35k again. Reset those clocks ladies and gentlemen. We might bounce around $35k a few more times (never staying above $35k for 10 consecutive days), but the obvious reality is that there's only one way to go from here, and it's down; forever. The fact in my sig will eventually become obvious to everyone. This time you've enjoyed above $10k will be seen as the temporary glory days. Bitcoin simply cannot do it.

[OROBTC]

Here we are dipping below $35k again. Reset those clocks ladies and gentlemen. We might bounce around $35k a few more times (never staying above $35k for 10 consecutive days), but the obvious reality is that there's only one way to go from here, and it's down; forever. The fact in my sig will eventually become obvious to everyone. This time you've enjoyed above $10k will be seen as the temporary glory days. Bitcoin simply cannot do it.

By luck I sold a piece at +/- $35,200 or so just today.

Yet even if it goes to $500, I have been a big winner by selling regularly since January.  Snip, snip, snip, snip, snip, snip, snip, snip, snip.

Thanks to many of this forum's members, my two grandchildren have already benefitted.

So even if proudhon's science & maths are far ahead of my own (they are!), it doesn't really matter much anymore, I have been very lucky.

You really have not won until you sell winners into gold, assets, or money (to buy assets or give away).

'Course I will without doubt keep a Legacy Stash of BTC.  "For Old Time's Sake"  And, hey, maybe proudhon might need to tinker with the math if we zip over $100k.  Yay for that as well.



EDIT: It's an extremely close one (presidential election) in Peru FYI [anyone who cares].  BTC might gain another country where it can be used.  Last time I was in Peru, I used a BTC ATM which is no longer there.

If Pedro Castillo (Marxist Disciple of Venezuela's Chavez and Maduro) wins -- and he is up almost 1% in the vote count as of now, it's AMF to Peru, but maybe BTC will have another use-case as in Venezuela.

[proudhon]

We know the price won't stay above $35k for 10 consecutive days, but how long do you think it'll take this time for it to collapse below $35k again?

[bittick]

or probably not that easy? 10 days passes and still $37K although there's dumping and we're at $32K for a moment we're getting back up again, come to show that the market is more resilient that you might think
the weak hands already eliminated since long ago, whats left is just diamond hand that gonna make the market stonger than ever and it most likely that the current price is already the rock bottom of this time bearish.

[Kong Hey Pakboy]

We know the price won't stay above $35k for 10 consecutive days, but how long do you think it'll take this time for it to collapse below $35k again?

The price did go down but it seems to me that you are wrong about your prediction, the price has gone back up to 37k again. What's your next move? Another fake mathematical equation?

[proudhon]

We know the price won't stay above $35k for 10 consecutive days, but how long do you think it'll take this time for it to collapse below $35k again?

The price did go down but it seems to me that you are wrong about your prediction, the price has gone back up to 37k again. What's your next move? Another fake mathematical equation?

No. My prediction is that the price cannot stay above $35k for 10 days in a row. So, yes, it's above $35k right now, but it was under $35k about 24 hours ago. So it's only been 1 day. 9 more days to go. And I'm saying that we know for certain the price will not stay above $35k for 9 more days. It's not mathematically possible.